Govt to procure one cargo LNG from spot market

The government has approved a proposal in principle for procuring one cargo LNG from the spot market under the Direct Procurement Method (DPM) in a bid to meet the urgent need.

The approval came from the 8th meeting of the Advisers Council Committee on Economic Affairs in this year held at the Cabinet Division conference room at Bangladesh Secretariat on Tuesday.

Finance Adviser Dr Salehuddin Ahmed chaired the programme.

Energy and Mineral Resources Division placed the proposal in the meeting.